McDonnell cannot balance the books on the rich alone: beware tax rises all round - News Summed Up

McDonnell cannot balance the books on the rich alone: beware tax rises all round


John McDonnell had a lot to say about Labour’s economic vision in his speech on Monday. He’d see George Osborne’s £9 living wage and raise it £1. He’d ban businesses, such as Sir Philip Green’s BHS, from using “excessive debt” to pay dividends. Tax avoiders will have nowhere to hide. Above all, there would be a “comprehensive industrial strategy” to deliver a “renaissance…


Source: The Times September 27, 2016 16:01 UTC



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